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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Sharkey who wrote (17271)7/23/1998 8:05:00 AM
From: Roger Arquilla  Respond to of 29386
 
They didn't even have the brains to temper this incredibly bad earnings report with another one of their famous no impact press releases. So is all of this factored into the current price, or are we going to see the 1's today? Management has almost bankrupt this company, along with a lot of investors.



To: Patrick Sharkey who wrote (17271)7/23/1998 8:06:00 AM
From: Craig Stevenson  Read Replies (1) | Respond to of 29386
 
Pat,

Because of the total lack of positive announcements during the quarter, I raised the possibility that Ancor had virtually zero revenues above and beyond the $1 Million that was supposedly booked in April, but I had NO IDEA that they could drop below THAT! Someone on Yahoo first suggested a sub-million dollar quarter.

I think there will be a LOT of questions during the conference call. I hope they don't have a time limit. A quarter like this doesn't just border on the ridiculous, it IS ridiculous.

Craig



To: Patrick Sharkey who wrote (17271)7/23/1998 9:57:00 AM
From: Craig Stevenson  Read Replies (2) | Respond to of 29386
 
Pat,

In light of the dismal performance for the quarter, I think Ancor should have issued some sort of earnings warning. They must have made the decision at some point not to book the Hucom revenues, and they obviously knew that there was no other revenue for the quarter. What do you think?

Craig